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We find that substantial revenue will be lost if the retailer ignores ARE when information is shared than not shared, especially when the channel members are pessimistic about the market. A higher reference price or a weaker ARE induces the channel members to increase prices, and make IS more valuable to them. Besides, whether the information is shared or not, channel members generally underestimate revenues under a relatively high reference price, while overestimating the revenues under a relatively small reference price. Furthermore, the manufacturer conditionally accepts the IS while the retailer always accepts it.<\/jats:p>","DOI":"10.1051\/ro\/2022018","type":"journal-article","created":{"date-parts":[[2022,2,7]],"date-time":"2022-02-07T19:56:43Z","timestamp":1644263803000},"page":"445-473","source":"Crossref","is-referenced-by-count":6,"title":["Price decisions with asymmetric reference effect and information sharing in dual-channel supply chains"],"prefix":"10.1051","volume":"56","author":[{"given":"Nenggui","family":"Zhao","sequence":"first","affiliation":[]},{"given":"Qiang","family":"Wang","sequence":"additional","affiliation":[]},{"given":"Jie","family":"Wu","sequence":"additional","affiliation":[]}],"member":"250","published-online":{"date-parts":[[2022,2,28]]},"reference":[{"key":"R1","doi-asserted-by":"crossref","first-page":"1032","DOI":"10.1287\/mnsc.46.8.1032.12029","volume":"46","author":"Cachon","year":"2000","journal-title":"Manage. 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